IS IT POSSIBLE TO GET AN SBA LOAN WITHOUT PERSONAL MONEY DOWN?

A friend of mine was asking me this, and I didn't know the right answer. He wants to do a self-funded search, and use debt (SBA + seller note) to retain most of the equity. But he doesn't have cash to put down. Can he get investors to cover the required amount for the down payment? Or will SBA not be an option without personal cash?



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